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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

BNY Mellon Africa DR Total Return Index (CME:BKDAFT)

Strong Downtrend (-100) - BKDAFT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BKDAFT continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid BKDAFT?

MarketClub looks at technical strength and momentum to determine if the timing is right for BKDAFT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_BKDAFT
Open High Low BKDAFT Price Change
773.57 773.57 773.57 773.57 -12.04
Entry Signal

MarketClub’s Trade Triangles for BKDAFT

long term down The long-term trend has been DOWN since Jun 13th, 2024 at 829.41

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2024 at 913.41

short term down The short-term trend has been DOWN since Dec 6th, 2024 at 825.11

Smart Scan Analysis for BKDAFT

Based on our trend formula, BKDAFT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for BKDAFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
773.57 773.57 773.57 773.57 -12.04
Prev. Close Volume Bid Ask Time
773.95 0 2024-12-23 18:02:20
52wk High900.5852wk High Date2018-01-25
52wk Low715.3552wk Low Date2018-11-27
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